The Rejection – Redemption Cycle

Are you thinking about pursuing something you are passionate about? Maybe it’s a start-up, side business, writing a book, a career change, creating an app or starting a blog or podcast.

If you talked to any entrepreneur who has been chasing their dreams for some time you’d learn about something I like to call the Rejection-Redemption Cycle.

The Rejection-Redemption cycle is the emotional roller coaster ride you must survive in order to succeed in any venture.

The learning process in any new pursuit is littered with rejection. Everyone in the beginning says no to you, your idea, your product or your service. You will be rejected over and over again.

This is the Rejection part of the cycle. The negative emotions and self-talk you will have to endure during the Rejection cycle is harrowing. It pushes you to the edge. You second guess yourself constantly. You get depressed. It’s not an easy thing to endure.

But if you persist eventually someone will say yes. This is the Redemption part of the cycle. It’s exhilarating. For a short period of time you feel like you are walking on air. You feel imbued with confidence and motivation.

Until you get the next no. Then the cycle starts all over again.

The emotional ups and downs you must endure when you are pursuing a dream cause most to cash in their remaining chips, lick their wounds and go out and find a job.

According to Forbes Magazine, 90% of those who pursue a dream will, at some point, fail. According to my research, 27% of those 90% will pick themselves up, try again and eventually become multi-millionaires.

The ability to survive the Rejection-Redemption Cycle is the #1 factor of success for self-made millionaires. Adequate working capital is #2.

Seasoned entrepreneurs out there know exactly what I’m talking about. Money can always be found for the highly motivated but weathering the emotional ups and downs takes super-human resolve.

Do you have what it takes to survive the Rejection-Redemption Cycle? There’s only one way to find out.

Tom Corley understands the difference between being rich and poor: at age nine, his family went from being multi-millionaires to broke in just one night, due to a catastrophic fire that destroyed his Dad's thriving business. For fourteen years they struggled with poverty. There were eleven in Tom's family, and they lived in constant fear of losing their home.

Driven by the desire to unlock the secrets to success and failure, Tom spent five years studying the daily activities of 233 rich people and 128 poor people. He discovered there was an immense difference between the habits of the rich and the poor. During his research he identified over 300 daily activities that separated the “haves” from the “have nots.” Tom decided to write a book to share what he learned. That book, Rich Habits: The Daily Success Habits of Wealthy Individuals (1st Edition), went on to become an Amazon Bestseller in the United States forty times over a three year period. To give you some perspective, in order to be a true Amazon Bestseller in the United States, where you actually receive a specific Bestseller designation from Amazon, you need to be in the top 100 of all books sold by Amazon in the United States in a given day. Rich Habits did that for nearly thirty straight days, rising as high as #7, eclipsing such Bestselling authors such as Stephen Covey, Robert Kiyosaki and J.K. Rowlings. Imagine that - an unknown, first-time, self-published author selling more books than J.K. Rowlings!

Tom now travels the world, sharing his Rich Habits and motivating audiences at industry conferences, corporate events, universities, multi-level marketing group events, and global sales organizations’ presentations and finance conferences. He has even spoken on the same stage with famous entrepreneurs and personal development experts, such as Sir Richard Branson, Robin Sharma, Dr. Daniel Amen, and many others.

Tom has shared his insights on various national and international network, cable, and Internet television programs such as CBS Evening News, NBC News, Yahoo Financially Fit, Money.com, India TV, News.com Australia, and a host of others. He has been interviewed on many prestigious nationally syndicated radio shows, including the Dave Ramsey Show, Marketplace Money, and WABC.

Tom has been featured in numerous print magazines—such as Money magazine, Inc. Magazine, SUCCESS Magazine, Entrepreneur magazine, Fast Company magazine, More magazine, Epoca Magazine (Brazil’s largest weekly) and Kiplinger’s Personal Finance magazine—and various online publications, including USA Today, CNN, MSN Money, SUCCESS.com, Inc.com, and the Huffington Post. Tom is a frequent contributor to Business Insider, Credit.com, Bankrate.com and a few other media outlets.

National publicity has garnered international media attention for Tom and his Rich Habits research spanning 23 countries. Broadcast media, online publications, and television throughout Asia, the South Pacific, Europe, the United Kingdom, and Central and South America have shared his powerful message.

In an effort to help parents, grandparents, teachers and adults become success mentors to the younger generation, Tom released his second book, Rich Kids: How to Raise Our Children to be Happy and Successful in Life in 2014. This book was the self-help category winner of the 2015 New York Book Festival and Runner-up in the prestigious 2015 Writer’s Digest Self-Published Book Awards Contest. In 2016 Tom released his third book, Change Your Habits, Change Your Life. This book provides the latest science on habit change as well as more of Tom's unique research on the specific habits that helped transform 177 ordinary individuals into self-made millionaires.

Besides being an author, Tom is also a CPA, CFP, and hold a master’s degree in taxation. As president of Cerefice and Company, CPAs, Tom heads one of the premier financial firms in New Jersey.